True cost mortgage calculator

This mortgage payment calculator will allow you to see the effect of sneaky arrangement fees on your repayments. Use the second part of the calculator to compare deals.

Monthly payment

Find out monthly payments and compare the cost of mortgages over the initial deal period including arrangement fees.

Amount borrowed:£

Arrangement fee:£

Term: (years)

Interest rate: (actual interest rate & not the APR)%

Initial deal period: (years / months)yrsmth

Results

Total monthly payment:£

Total charge:£

Total repayment:£

Cost over deal period inc fee:£

Comparison calculator

Use this 2nd calculator to do a comparison with the mortgage above.

Amount borrowed:£

Arrangement fee:£

Term: (years)

Interest rate: (actual interest rate & not the APR)%

Initial deal period: (years / months)yrsmth

Results

Total monthly payment:£

Total charge:£

Total repayment:£

Cost over deal period inc fee:£

Small print explanation:The total cost for credit is based on
fees being paid upfront and not added to the mortgage and the cost over
deal period is based on the initial rate remaining the same over that
time. The calculator is for a repayment mortgage where interest is
calculated monthly. The results also apply to daily interest where only
one payment is made per month.